Poll: Top Business Executives Are Confident In The Economy

posted by Michigan Radio Network
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2 years ago

The majority of Michigan's top business executives are optimistic about the state's economy.

Seventy-four Michigan CEOs participated in the poll from Business Leaders for Michigan, a group of more than 80 CEOs and executives from throughout the state representing nearly a quarter of the state's economy.

It found that 64 percent expect the economy to grow in the next six months, while just 36 percent expect it will remain about the same.

That compares to a survey in the fall in which just 36 percent of the state's CEOs anticipated growth. Business leaders were not as optimistic about the national economy, with just over half, 51 percent, expecting growth in the next six months and 48 percent predicting no change.

One percent expect the national economy to get worse.

The poll also found that 52 percent of the state's business leaders expect to add jobs in the next six months. Forty-five percent forecast no change and three percent anticipate they will cut back.